Property Overview: 50 Quiring Bay, Winnipeg

Key Characteristics & Appeal

This home at 50 Quiring Bay in the Rossmere-A neighborhood presents a solid, mid-century offering with clear data-driven positioning. Built in 1969, its construction year is notably newer than most on its street, ranking in the top 5% locally—a point of appeal for buyers mindful of potentially newer infrastructure. With 1,040 sqft of living space and a 5,959 sqft lot, its size is consistently around average for both the immediate area and the wider city, suggesting a comfortable, standard family footprint without extremes.

The home’s assessed value of $355k sits above the Rossmere-A neighborhood average, indicating it is viewed as a higher-quality asset within its specific community context. This is balanced by a citywide assessment that is slightly below the Winnipeg average, positioning it as a potentially more accessible entry point into a stable neighborhood. Its last known sale was between $400k-$450k in early 2022. The appeal lies in this balance: it’s a newer-built home on its block, in a neighborhood where it holds above-average value, yet remains priced below the broader city benchmark. It would suit pragmatic first-time buyers or downsizers seeking a well-established, no-surprises community, and value-focused investors looking for a property with a strong relative standing in its immediate locale.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
It last sold in March 2022 for an estimated $400k-$450k. The current assessed value is $355k. For the exact historical sale price, you can request the information directly from the listing source.

2. Is the lot size a disadvantage?
The lot is smaller than the average for Quiring Bay street, but it is very close to the average for the Rossmere-A neighborhood. This suggests you’re getting a typical yard for the broader area, though some direct neighbors may have larger plots.

3. What does the "newer build" ranking really mean for a 1969 home?
While the home is over 50 years old, it is among the newest on its specific street. This could imply less aging infrastructure (like plumbing or electrical) relative to immediate neighbors, but a full inspection is still essential.

4. Who are the typical neighbors in terms of home values?
In Rossmere-A, this home’s assessed value ranks in the top 25%, meaning it is likely among the higher-valued properties in the neighborhood. On its own street, however, its value is closer to the average.

5. How does the living space compare for the price?
At 1,040 sqft, the living area is modest but aligns with the neighborhood standard. The value proposition is less about maximum square footage and more about acquiring a newer-built home on a decent lot in a neighborhood where its assessed value is strong.